FTSE STI closed 2,919.37, down 3.99 points or -0.14% with a total volume of 1.61b and a total value of S$1.43b. Total number of advance vs decline was 189 vs 252. Of the 30 component index stocks, 8 closed positive, 16 closed negative and 6 remained unchanged. The top 5 gainer component stocks were :-
1. Wilmar +0.100
2. SembCorp +0.080
3. Genting +0.030
4. SIA Engg +0.020
5. CapMallsAsia +0.020
5. CapitaMall +0.020
The top 5 loser component stocks were :-
1. Jardine C&C -0.380
2. CityDev -0.220
3. JMH 400US$ -0.200
4. SIA -0.160
5. DBS -0.080
5. UOB -0.080
US markets were up at least 1% yesterday night after data from housing and PPI indicating slow improvement though those set of data were fell short of expectation. Asian bourses taking the cue opened in the positive region but profit taking and cautious taking kicked in and closed mixed. Nikkei closed +0.86%, SSE -0.21% and HSI -0.54%. STI was ranged bound between 2,900 - 2,960 but ended up closing down almost 4 points when European markets opened in the red caused some selling near close time. Of the 30 component index stocks, only 8 managed to register a positive close. Bank stocks were leading the selling down.
